I stumbled across an interesting video called “Money as Debt”. The first half (~25 mins) explains, in simple terms, how money is created. The second half proposes solutions to the issue of money being reliant on debt. Whether or not these solutions are feasible is debatable but learning where money comes from is something everyone [...]
I’ve done nothing in the past couple weeks in working towards building wealth. Well, that’s not quite true, I’m in the process of opening an index fund account, but that’s not what I mean when I talk about building wealth. I went down the path of Internet Marketing for a while when I stumbled across [...]
Yesterday, as I was taking my daughter to a birthday party, I started thinking about the value of an hour. What is an hour of your time worth? When I was younger, I considered my time to be worth $25/hr. Eventually, I started making more than that at my day job so I bumped it [...]
I’ve been thinking about home schooling my children lately. This is an option I’ve always considered possible because I have a fairly low opinion of the public school system. I will admit that the public school system has exceeded my expectations but that’s not saying much because my expectations are so low. This belief was [...]
After stating that I want to be wealthy, I thought it would be a good idea to define what exactly I mean by “wealth”. Well, I’ve been mulling this over in my head for quite some time but I haven’t been able to put it into words in a succinct manner. Lo and behold, Meg [...]
Somewhere along the way I decided that I want to be wealthy. I get paid decently by my employer but, in reading various personal finance books, I realized that its going to take me a long time to get wealthy if I rely solely on my employment income. In the books I’ve read, there seems [...]
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